Holcim and Amazon support start-ups for sustainable construction
Holcim and Amazon's Climate Pledge Fund support start-ups in the sustainable construction sector. 14Trees and Paebbl benefit from this support to drive forward sustainable construction projects and develop new technologies.
The Zug-based building materials company Holcim and the Climate Pledge Fund, which belongs to Amazon, have decided to support start-ups that are committed to sustainable construction, according to a press release. The money donated from the fund for the company 14Trees, which operates in Africa, will be used for high-rise buildings using 3D printing technology. 14Trees uses the technology developed by Holcim and British International Investment(BII) for 3D-printed buildings such as schools, residential buildings and a low-carbon data center. The company intends to use the funding provided for Paebbl to further advance its mineralization technology, which can be used to store CO2 in concrete.
“By investing in 14Trees and Paebbl with Amazon’s Climate Pledge Fund, we can scale up these breakthrough technologies to push the boundaries of sustainable construction – from 3D printing to turning concrete into a carbon sink,” Nollaig Forrest, Chief Sustainability Officer at Holcim, is quoted as saying in the press release.
Francois Perrot, Managing Director of 14Trees, was delighted to have found Amazon and Holcim as investors. For Marta Sjögren, co-founder and co-CEO of Paebbl, this funding round “enables us to take even bolder steps in our mission to make the built environment a cornerstone of the decarbonized economy”.